How it works
A perpetual social capital pool, structured according to Sharia.
Conventional crowdfunding asks you to give. Taakulo asks you to lend — interest-free — and watch your capital serve family after family. Here is how, in detail.
Angel Donor
You
Maal
Wakalah agent
Beneficiary
Asset purchase
- 01
You deposit Qard Hasan
You transfer funds into a segregated Donor Wallet at Maal Microfinance. This is a Qard Hasan — a benevolent, interest-free loan. The funds remain yours; Maal is custodian.
- 02
Maal acts under Wakalah
Under a documented Wakalah mandate, Maal vets the beneficiary, conducts a site visit, secures a guarantor, and identifies suppliers for the asset purchase.
- 03
Maal purchases the asset
Crucially, Maal takes ownership of the asset before any sale. This is what makes Murabaha distinct from conventional lending — there is a real underlying transaction.
- 04
Murabaha sale to beneficiary
Maal sells the asset to the beneficiary at cost plus a fixed, per-case markup (disclosed up-front on every case), payable in installments over the agreed tenor. The price is fixed; there is no interest accrual.
- 05
Beneficiary repays
Each installment is collected by Maal. Principal corresponding to your share is returned to your Donor Wallet; the markup is retained by Maal as Sharia-permissible profit on the asset sale.
- 06
You re-lend or withdraw
When principal returns, you choose: re-lend to a new beneficiary or withdraw the funds. This recycling is what creates the perpetual social capital pool.